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Operate with dynamic control

In tax and finance departments

Business model evolution is accelerating more quickly than ever. Take the first step towards increasing your team’s agility and seeing your tax function as dynamic, fluid, and influential.

Embracing a more-with-less mindset

Companies are adapting to the digital era, investing in green initiatives, and mapping growth plans. They cannot do all of this without the forecasting and scenario modeling capabilities of their tax team. This creates a new business imperative for the C-suite to partner with the tax function. By no longer being consumed by routine compliance and reporting activities, the tax team is empowered to deliver increased agility and value.

Cloud: Cloud-based systems help tax departments consume, process, and leverage more data and create more strategic value for less cost.

Automation: Automation creates more operational agility, accomplishing more tasks with different resources and freeing people to do more future-focused work.

Resourcing: Blended resourcing models give tax leaders more flexibility to build or buy capacity and expertise, and to access new technologies—sparking transformative change.

Explore how to Operate with Dynamic Control within your tax and finance departments

Hear from 300 tax and finance leaders in our three-part  tax leader series as they share their strategic perspectives on tax operations, talent, and technology.

Questions to ask yourself

Considerations:

Thoroughly assess the skill sets of your people, your technology maturity model, the business implications of the work that you are doing and the governance / compliance processes that you have in-house. By understanding the state of your department and where you need the fastest gains, you can set priorities and map the best plan to meet your business needs.

Considerations:

Given how rapidly data, business models and regulations change, speed matters. The faster you can modernize, the more benefit you stand to gain. Which means the further you are from using modern platforms, tapping real-time data and using your tax staff to leverage both, the more you should consider a hybrid staffing model outsourcing specific discreet functional tax processes and activities.

Considerations:

Exploring paths to new tax operating models can not only control costs, but they can also support real-time, accurate, forward-looking insights and processes that turn tax from a necessary cost of business into an invaluable resource that drives optimized competitiveness as well as seamless, continuous compliance.

Tax Transformation Trends Series

The Executive Summary

For a high-level overview into how change is being achieved by leading tax teams within their tax operations, talent, and technology departments, read our executive summary.

Tax

Trusted. Transformational. Together.

As global forces fundamentally shift how the tax function operates, tax leaders must become strategic advisors. We work with you side-by-side to connect you to expertise, capabilities, technology, and innovative ideas to make you more agile. Lead your business through complexity with confidence.